
May 23, 1963
On this day in 1963, the first electronic slot machine called "Money Honey" was introduced by Bally Technologies. This revolutionary machine was the first to have an electric motor and automatic payout system, replacing the mechanical reels used in previous designs.
Money Honey could pay out up to 500 coins without an attendant and paved the way for the modern video slots we know today. This innovation fundamentally changed the casino industry and remains one of the most important developments in gambling technology history.
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